$DOGE
DOGE/USDT TECHNICAL ANALYSIS
1. MARKET OVERVIEW
Current Price: $0.40268
24h Range: $0.37021 - $0.40395
Movement: +9.10%
Stage: Bullish momentum near resistance
Key MAs:
+ Above: MA9 ($0.39259), MA20 ($0.39118), MA200 ($0.38567)
- Below: MA50 ($0.41107), MA99 ($0.40400)
Technical Status: Short-term bullish
2. KEY LEVELS
Support:
- Strong: $0.39200 (MA20)
- Critical: $0.38500 (MA200)
Resistance:
- Immediate: $0.40400 (MA99)
- Major: $0.41100 (MA50)
3. TRADING SCENARIOS
BULLISH (55% probability)
Entry: $0.39200-$0.39400
Targets:
- $0.40400 (+2.5%)
- $0.41100 (+4.2%)
- $0.42000 (+6.8%)
Stop: $0.38500 (-2%)
Trigger: MA99 breakout, volume surge
BEARISH (25% probability)
Entry: $0.40400 rejection
Targets:
- $0.39200 (-3%)
- $0.38500 (-4.7%)
Stop: $0.41000
Trigger: MA99 rejection with volume
SIDEWAYS (20%)
Range: $0.39200 - $0.40400
4. QUICK STRATEGY
Long Setup:
- Buy near MA20 support
- Scale: 50-30-20%
- Move stop to entry at +2%
- Take profit at MA99/MA50
Short Setup:
- Only at clear MA99 rejection
- Tight stops above $0.41000
- Quick targets at MA20
5. RISK MANAGEMENT
- Max risk: 2% per trade
- Multiple entry points
- Clear invalidation levels
- Volume confirmation essential
6. KEY WARNINGS
- RSI(6) near overbought (68.48)
- Multiple MA resistance ahead
- Need volume confirmation
- Watch BTC correlation
7. BEST CURRENT SETUP
LONG POSITION:
Entry: $0.39200-$0.39400
Target 1: $0.40400 (MA99)
Target 2: $0.41100 (MA50)
Stop: $0.38500
R:R = 1:2.5
Requirements:
- Hold above MA20
- Increasing volume
- Clear price action
- RSI stabilization
CONCLUSION
Outlook: BULLISH
Strategy: Buy dips to MA20
Focus: Multiple profit targets
Best Approach: Scale in/out